Stocks are riding high, but recent gains have mostly come through buybacks and inflows into ETFs while individual stocks are shunned.
Stocks are riding high in 2019 thus far, but recent gains have mostly come through buybacks and inflows into exchange-traded funds while individual equities are shunned, data compiled by Bank of America Merrill Lynch show.
The S&P 500 registered its ninth weekly gain in 10 last week despite the outflow, adding to its sharp gains this year and since the massive fourth-quarter sell-off. Institutions sold individual stocks in every sector except materials and utilities last week, while retail investors dumped individual equities across all sectors. At the same time, institutions bought into ETFs from every sector except consumer staples, communication services and industrials.
Still, the S&P 500 has rallied more than 11 percent in 2019 after dropping more than 9 percent in December. Apparent progress in trade negotiations between the U.S. and China has lifted equity prices in that time. CNBC learned through sources on Monday that talks between the two countries were in the"final stages."
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Here are the 3 reasons big investing firms have been plowing an unprecedented amount of money into ETFsBig investing firms kept pouring money into ETFs in 2018, and a survey of their leaders found three major reasons the trend should continue.
Weiterlesen »
Vanguard Just Made Its S&P 500 Fund Even CheaperVanguard Group will not be outdone. A fintech start-up offered to zero-fee ETFs first, but that’s quickly becoming old news.
Weiterlesen »
Why bullish investors could be the death of this stock market runOur call of the day from Slope of Hope’s Tim Knight, says investors need to pay attention to their fellow investors, who are so bullish they could drive the second-best start for stocks since 1987 right off the road.
Weiterlesen »
Stocks fight to gain altitude as investors watch Powell’s Senate testimony, weigh dataU.S. stocks on Tuesday pare early losses and attempts to break in to positive territory as Federal Reserve Chairman Jerome Powell reiterates the central bank’s newfound wait-and-see approach in congressional testimony.
Weiterlesen »
Caterpillar's double downgrade is 'excessive,' don't run away from the stock, expert saysCaterpillar just got bulldozed by a double downgrade from UBS. One expert disagrees with the call.
Weiterlesen »
Global stocks fall for third day as investors dial down trade hopesGlobal stocks retreated for a third straight day on Thursday as investors reduce...
Weiterlesen »
US Treasury yields move higher as investors await economic dataU.S. government debt prices were lower on Friday, as investors await another batch of economic data.
Weiterlesen »
Investors don't understand just how important China is for European stocks, asset manager saysInvestors don't seem to understand the importance of China's economy for European stocks, particularly for Germany and Northern Europe, according to Philip Saunders, co-head of multi-asset at Investec Asset Management.
Weiterlesen »